Seadrill Limited has today completed the transaction to sell the T-15 tender rig to Seadrill Partners. The agreed upon sale is for a total price of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T-15. The balance of the total consideration is being financed with vendor [...]
TWMA, a leader in integrated drilling waste management and environmental solutions, has secured its first offshore processing project in West Africa. The 400-day contract is to supply TWMA’s industry-leading offshore processing services to support Glencore Exploration Cameroon Ltd’s (Glencore) West Africa drilling campaign. The scope of work includes the installation of a TWMA TCC RotoMill [...]
Cargotec’s MacGregor has received EUR 22 million order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed on a 150m multi-purpose offshore construction vessel (MOCV) ordered by Sealion Shipping, on behalf of Toisa Ltd. “This is the largest active [...]
May 16, 2013 | Posted in
Also in the News,
Asia pacific,
Contracts & Tenders,
Equipment & Technology,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
Vessels |
Read More »
Cal Dive International, Inc. has been awarded two additional contracts from Pemex Exploración y Producción that are expected to generate combined total revenues of approximately $188 million. The first contract is for the procurement, installation and commissioning of 47 kilometers of 20 inch subsea pipeline and associated tie-ins to an existing platform. This contract is [...]
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth more than $100 million for the supply and installation of submarine cables for a section of ExxonMobil’s existing offshore operations in the United States. The scope of work involves the replacement of approximately 50 km of submarine [...]
IKM Subsea has been awarded a 4+1 year contract by Statoil for ROV drill support services. The contract agreement will include ROV services onboard the semi-submersible drilling rig Scarabeo 5. The Scarabeo 5 is a deepwater drilling rig, capable of drilling down to 2000 meter depth. “The drillsupport market is a new area for us, [...]
Norwegian owner of offshore support vessels Island Offshore has announced that Peterson SBS Den Helder B.V has declared the first yearly option on the MV Island Endeavour Platform Supply Vessel. The Island Endeavour, has performed pool supply duties for the SNS pool since 2008, when it was built, without any lost time incidents (LTI) since [...]
RDS, the drilling facilities engineering division of KCA Deutag, announced it has signed a contract with Estaleiro Enseada do Paraguacu (EEP Overseas Limited), a newly established Brazilian shipyard. This contract signifies the first project between RDS and EEP. RDS’ core business is to deliver a comprehensive drilling facilities engineering service at every stage of design, [...]
Noble Corporation has been awarded a drilling contract by Statoil for a newbuild ultra-high specification jack-up for use in the United Kingdom sector of the North Sea. The initial contract is for four years and is anticipated to commence during the third quarter of 2016. The total estimated value of the four year primary term [...]
Subsea transformers are an ABB innovation. Deployed in extreme conditions in ultra-deepwater, these high-tech workhorses provide the power for heavy-duty equipment on the sea floor – enabling declining oil and gas fields to be more productive and making new deepwater fields accessible. ABB has delivered subsea transformers for fields in the North and Norwegian seas [...]
May 14, 2013 | Posted in
Also in the News,
Company News,
Contracts & Tenders,
Equipment & Technology,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS |
Read More »
